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a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince priebus. i want to talk about the unemployment numbers for september, 7.8%, the lowest since president obama has been in office. he said, you can't turn back now, america is moving in the right direction. has he made a case that we are seeing recovery? >> not at all. first of all, we will let the economists argue over the numbers. i know people are arguing over how you can could have 900,000ions found, a month before the election. i will let them argue about that. if it's all true and it all works out and it's not adjusted downward if a month, i think it's great for the country to see improvement in
a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince...
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Oct 3, 2012
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but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will stay where they are, or come down. coming down is a possibility. the important part of this tax plan, is to remember, when you earn, say you earn $200,000 and you have $20,000 worth of deductions, so now you paying tax on $180,000. if you paid tax at 35 percent rate, obviously the rate will be below $35 percent because you do not pay on full $200,000. governor romney is saying reduce that rate and every dollar you earn offer the amount that uses up the tax deductions, you will pay the lowest rate on. it will encourage people to earn more money,
but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will...
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Oct 4, 2012
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i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just about everyone, from right to left, says that romney won the debate. i gave you a full "a" and i give the president a "c" minus. there was a giant difference between their performance. everyone who was fair was impressed with how romney handled that from going to end. obama was stunned by how well romney was performing. he seemed almost to take a step back and tune out. >>neil: do you think he came in to it is on the clock, the president, to your point he didn't expect this, and he saw little risk in taking on mitt romney and even if romney did well it would not move the
i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just...
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a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and how much was accurate? with me is the associate editor of the financial weekly owned by the parent of this company. michael, romney says if you lower the tax rates what happens is, businesses have more money. businesses have more money they can hire more people and, guess what, everyone starts paying taxes and that is how you close the deficit. true? >>guest: it is true that is what he is saying. it is true that is the way a model would have it play out. the question and what assumptions go in that assertion by lowering rate and obviously on
a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and...
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i will not raise tax on middle income families. i'll lower taxes on middle income families. martha: by our count president obama mentioned the middle class 19 times, clearly a focus of every presidential election. let's talk about this. lanny davis joins me now. and jonah goldberg is the editor at large for the national review. welcome, jonah. lanny, you listened to all that. what do you think? >> i'm not very happy with the president's performance. i think he did poorly. i agree with him on substance. i think he got the better of the exchange regarding the facts and the policy. but for the obama campaign to put the spokesman on and i'm sure she is doing her best and not to admit he had a bad night and to say we ought to do fact check when the fact checkers have rated obama's ads with four pinocchios. the way to do this is to say look at governor romney. smile, be gracious. don't look down and take notes while a man is talking to you. it's as simple as admitting he had a bad night. but on policy and substance i'm still voting for him. i know she doesn't believe she was sayin
i will not raise tax on middle income families. i'll lower taxes on middle income families. martha: by our count president obama mentioned the middle class 19 times, clearly a focus of every presidential election. let's talk about this. lanny davis joins me now. and jonah goldberg is the editor at large for the national review. welcome, jonah. lanny, you listened to all that. what do you think? >> i'm not very happy with the president's performance. i think he did poorly. i agree with him...
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when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the economy are encompassed inside the national debt argument. you can get rid of the unfunded liabilities, as well, just the way we did with social security under ronald reagan by tending the age of retirement, by reducing benefits, by subjecting half of them to the income tax. there are lots of things you can do to bring this economy back and fairly quickly in two terms you could bring it back the way reagan did. >>neil: the fact is you cannot buy your way out it. you have to boom your way out of it. thank you, art. >> in washington, dc, talk of a plan to keep the government from going off an immediate fiscal cli
when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the...
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on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what he passed in massachusetts as an example of a bipartisan compromise and a model for the whole country at the state level. >> we've seen this model work really well. in massachusetts because governor romney did a good thing, working with democrats in the state to set up what is essentially the identical model. >> i like the way we did it in massachusetts. entirely on a partisan basis instead of bringing america together and having a discussion at this important topic, you pushed through something that you and nancy pelosi and harry reid thought something was the best answer and drove it thr
on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what...
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we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income security and higher take home pay and you can do that through economic growth and that is what we are trying to provide and what we can get if we put the progrowth policies in place. >> chris: a number of top republicans say that when romney picked you as his runng mate a little over a month ago that they thought that this indicated that you guys were going to run a bold reform agenda campaign and now expressing some frustration that instead of you changing romney you heard this that they feel that romney is changing you and you are running a much more ca
we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income...
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i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular thing to say but it is not the case. i got five boys and i am used to people saying something that is not always true but keeping on repeating it and hoping i will believe it. that's not the case. i will not reduce taxes paid by high income americans. >> the fact is, if you low are the rates the way you describe, governor, it is not possible to come up with enough deductions and loop holes that only affect high income individuals to avoid raising the deficit or burdening the middle class. it is math. it is arithmetic. >> don't forget you put 90 bill
i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular...
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been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the chavez national monument that may help rally hispanic voters. new politico, george washington university battleground tracking poll of likely voters shows president may have an intensity problem. only 73% support him say they are extremely likely to vote compared to 86% who back romney. >> they know the race has tightened. >> bret: ed henry traveling with the president in california. ed thanks. >>> we are less than a month away from election day. much of the country is already taking part in early voting. we are taking our weekly look at how the electoral college map is shaping up. joining me again today are
been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the...
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now, governor romney believes with even bigger tax cuts for the wealthy and fewer regulations out wall street all of us will prosper, he would double down on the policies that led to the crisis in the first place. what is my plan? first, we create a million new manufacturing jobs the >>gregg: what do you think of the ad and the amount of money, the volume spent on advertising and the production? >> let me say the obama campaign is outspending romney by gigantic amounts. >> especially in swing states. >> swing states, yes. second, look, i have looked at all the ads, the obama campaign ads are generally better and they are more on target. the romney campaign has been all over the place. the ad we showed wasn't a bad ad but it was defensive in nature. this is not about advertising. this is about getting to the definition which you said which is important, 70 percent of the people think the government -- look, republicans have a 20-point lead on the fundamental philosophical question of more government/sliest government and they cannot get it in the selection. >> one of the reasons the pre
now, governor romney believes with even bigger tax cuts for the wealthy and fewer regulations out wall street all of us will prosper, he would double down on the policies that led to the crisis in the first place. what is my plan? first, we create a million new manufacturing jobs the >>gregg: what do you think of the ad and the amount of money, the volume spent on advertising and the production? >> let me say the obama campaign is outspending romney by gigantic amounts. >>...
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they cut taxes 19 times. they balanced the budget and got a rainy day fund and upgraded their credit rating in massachusetts. they brought unemployment down to 5.7%. and that's in sharp contrast. we've had our national credit rating downgraded as a result of president obama's policies. he's not worked across the aisle and we've had unemployment go up as a result of his policies. >> gretchen: although president obama's biggest critique of your candidate is that there simply are not enough details in his plan. so how do you respond to that criticism? >> you heard a lot of details from governor romney last night. in fact, he's been going across the country talking about the romney plan for a stronger middle class and talking about the details. i think people saw that last night. i think what they did not see from president obama was an agenda for a second term should he be reelected. but we know that it would be more of the same. if you like the last four years, you would love the next four years under president
they cut taxes 19 times. they balanced the budget and got a rainy day fund and upgraded their credit rating in massachusetts. they brought unemployment down to 5.7%. and that's in sharp contrast. we've had our national credit rating downgraded as a result of president obama's policies. he's not worked across the aisle and we've had unemployment go up as a result of his policies. >> gretchen: although president obama's biggest critique of your candidate is that there simply are not enough...
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he has not raised taxes. he lowered taxes on working families and small businesses. too joe biden is talking about the record of the obama-biden administration saying they are buried. jamie: will the president have tee dress this tonight? will he have to talk about why the middle class was -- will he distance himself from his policies playing a role. >> he may have to put context into biden's statement. >> why is it that whenever this administration, whether it's the president or joe biden actually tells the truth. they tell you what's on their mind like the president saying that the private sector is doing fine or telling entrepreneurs like me that we didn't build our business. why is it when they tell the truth suddenly they are taken out of context. >> there you go again to quote one of our great republican presidents. you note context of that. >> the context was worse than what he said. he said you entrepreneurs put out your chest, you think you are so smart, but you didn't build it. that's the context. >> you left out what he was talking about before that and th
he has not raised taxes. he lowered taxes on working families and small businesses. too joe biden is talking about the record of the obama-biden administration saying they are buried. jamie: will the president have tee dress this tonight? will he have to talk about why the middle class was -- will he distance himself from his policies playing a role. >> he may have to put context into biden's statement. >> why is it that whenever this administration, whether it's the president or...
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for the rich and tax the middle class. you see ad after that and they are both false. i think he needs to look at the camera straight. explain in a sentence or two why each is completely false. to then turn to the president and ask him how he can premise his entire election on way of presenting the romney position that is so at odds with the truth. so, bit of defense. then i think he goes on offense. that i think is something he has to do because those images of him as kuing the taxes to the rich to -- and putting burden on the middle class is killing him. >> bret: panel, as always, from different parts of the country, thank you. steve, juan, charles. that's it. but stay tuned for final look ahead from denver as we get ready for this big night tomorrow night. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. droid does. and
for the rich and tax the middle class. you see ad after that and they are both false. i think he needs to look at the camera straight. explain in a sentence or two why each is completely false. to then turn to the president and ask him how he can premise his entire election on way of presenting the romney position that is so at odds with the truth. so, bit of defense. then i think he goes on offense. that i think is something he has to do because those images of him as kuing the taxes to the...
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we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john mccain beat george bush here by 20 minutes in that prime rare re. bush retooled his message and barely won new hampshire by talking about the debt and the deficit. gregg: kevin in 2010 the last election there, if i understand it, if i recall correctly i think republicans won almost every office, but that doesn't mean it's going to happen that way this year, the pendulum could begin to swing in the other direction? >> that's correct. we had the largest republican sweep for a legislature of any state in the country in 2010. four years earlier in 2006 the democrats took control of the legislature at all levels of power for the first time since the civil war. we are used to this pendulum swinging back and forth. 2000 goes to george w. bush narrowly. 2004 john kerry wins the state nar
we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john mccain beat george bush here by 20 minutes in that prime rare re. bush retooled his message and barely won new hampshire by talking about the debt and the deficit. gregg: kevin in 2010 the last election there, if i understand it, if i recall...
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one show put together moments when he wasn't. >> let's stay on taxes. >> just -- let's just stay on taxes for a moment. >> but virtually everything he just. >> but all i want to do is very quickly before we leave the economy. >> let's get back to medicare. the president said that the government. >> going to get the first word in the next segment. >> small businesses you are talking about. >> excuse me, just so everybody understands. >> gentlemen, look, one second. >> >> let's stay on the taxes then. >> i had five seconds before you interrupted me. >> i actually responded to that which is. >> jim,. >> respond to that. >> i have done a poor job. >> you have done a great job. >> oh well. no. >> bret: man, oh man, thanks for inviting us into your home tonight. make it a great weend
one show put together moments when he wasn't. >> let's stay on taxes. >> just -- let's just stay on taxes for a moment. >> but virtually everything he just. >> but all i want to do is very quickly before we leave the economy. >> let's get back to medicare. the president said that the government. >> going to get the first word in the next segment. >> small businesses you are talking about. >> excuse me, just so everybody understands. >>...
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taxes. so you could argue we're already past that tippingpoint. the good news is, survey after survey, poll after poll, still shows that we are a center-right, 70-30 country. 70% of the americans want the american dream. they believe the in the american idea. only 30% want the welfare state. what that tells us at least half of those people currently in that category are there not of their wish or their will. gregg: is this doubling down on the entitlement dependency argument? i know parenthetically our own "fox news poll" found 63% of the americans who indeed agree with the argument that too many folks in america are dependent on the government? >> i think absolutely. i think part of the reason why that tape from paul ryan is not all that surprising is that because of the comments that mitt romney made about the 47%. but whatever, i think that the larger point is that it's not going to be all that shocking because most americans actually agree there is this sort of, we have a problem with en
taxes. so you could argue we're already past that tippingpoint. the good news is, survey after survey, poll after poll, still shows that we are a center-right, 70-30 country. 70% of the americans want the american dream. they believe the in the american idea. only 30% want the welfare state. what that tells us at least half of those people currently in that category are there not of their wish or their will. gregg: is this doubling down on the entitlement dependency argument? i know...
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right now the $5 trillion tax cut both of them argued over is in a new ad the romney campaign put out this morning because the romney campaign feels they need to clear up what president obama is saying about it, which is that it's not true. >> how forgiving is the american voter if president obama had what he would claim is just a bad night? >> it's hard to say. what will have to happen is president obama will have to have a much better debate in new york, about a week and a half away. i've talked to a lot of democrats and big obama fans who are miserable about the president's debate performance because they think he did a bad job and might have ruined his chances. >> why do you think that was? >> you know, part of it was president obama's strategy. he wanted to come in looking presidential. david axlerod says in a conference call this week with reporters that the president didn't want the american people to see two candidates on stage insulting each other and for that reason he stayed above the fray but he needed to look for aggressive. >> stay above the fray? right after the debate,
right now the $5 trillion tax cut both of them argued over is in a new ad the romney campaign put out this morning because the romney campaign feels they need to clear up what president obama is saying about it, which is that it's not true. >> how forgiving is the american voter if president obama had what he would claim is just a bad night? >> it's hard to say. what will have to happen is president obama will have to have a much better debate in new york, about a week and a half...
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debt mean new taxes. unemployment means misery in this country. if he can understand that, then he can win this debate. what it is for mitt romney is saying i welcome you into my house. let's come in, have this discussion. if you hents wanted to come into my house before, now think about it. >> brian: just one thing that will be interesting 'cause they'll have a whole section on obamacare and you have the romneycare incident. so -- >> he's an expert, mitt romney on health care. he did it differently in massachusetts. he shouldn't be embarrassed about it. he can talk about it in a real way. >> brian: and he has recently on the stump. peter johnson, jr., thanks. >> we'll be watching. >> brian: and analyze tomorrow. 11 minutes before the top of the hour. up next, do you always hate what you see when you look in the mirror? up next, dr. keith ablow tells us if you are normal or nuts. right there, a free session for martha mccallum. on this day in history, 1956, "don't be cruel" by elvis presley. meanwhile, i think the russians were invading hungary [
debt mean new taxes. unemployment means misery in this country. if he can understand that, then he can win this debate. what it is for mitt romney is saying i welcome you into my house. let's come in, have this discussion. if you hents wanted to come into my house before, now think about it. >> brian: just one thing that will be interesting 'cause they'll have a whole section on obamacare and you have the romneycare incident. so -- >> he's an expert, mitt romney on health care. he...
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deep criticism for the way he called folks who don't pay income taxes essentially lazy. here is his new remark delivered yesterday to the local fox affiliate in denver upon mr. romney's arrival. >> they want to know, will i get jobs for the american people and get rising incomes. and i'm a president for 100% of the american people. that's the real percent people care about. not 99 versus 1. not 47% versus anyone else. i will be for 100% of the people. >> reporter: but he's not walk away from the accusation that the obama agenda amounts to a dependency society. bill: one corner this guy, the other corner that guy. you have got 50 million viewers at a minimum ready to watch it tomorrow night. thank you, carl. carl cameron live. martha: new developments in the kidnapping of an american journalist in syria. austin tice was captured by islamic militants in august. his kidnappers have released a video. what have we learned? >> reporter: the big question is who actually has austin tice. originally the reports were the syrian regime had captured him as they have detained journal
deep criticism for the way he called folks who don't pay income taxes essentially lazy. here is his new remark delivered yesterday to the local fox affiliate in denver upon mr. romney's arrival. >> they want to know, will i get jobs for the american people and get rising incomes. and i'm a president for 100% of the american people. that's the real percent people care about. not 99 versus 1. not 47% versus anyone else. i will be for 100% of the people. >> reporter: but he's not walk...
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you want a poll tax? alisyn: thanks for the spirited debate. >> god bless you, alan, and all your confusion. alisyn: thank you, guys. >>> breaking developments at the u.s./mexico border. a manhunt now underway after two border patrol agents are shot and one is killed. and up next, sean manning is a soldier who was shot six times during the massacre at fort hood. now his wife is leading the charge to get her husband and others something called combat status. why this is so important to the victims and to their families and why she says the administration is fighting them on it. >>> and a horrifying moment caught on video when a skateboarder and a deer collide at high speeds. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest
you want a poll tax? alisyn: thanks for the spirited debate. >> god bless you, alan, and all your confusion. alisyn: thank you, guys. >>> breaking developments at the u.s./mexico border. a manhunt now underway after two border patrol agents are shot and one is killed. and up next, sean manning is a soldier who was shot six times during the massacre at fort hood. now his wife is leading the charge to get her husband and others something called combat status. why this is so...
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let's handle taxes first of all. governor romney on the stump is insisting his 20% across the board reduction in tax rates would benefit and middle class and small business would give them very needed tax break, at the same time closing loopholes for wealthiest americans would assure they pay the same amount of taxes. the rally in fishersville, virginia, big rally, attended by thousands of people, he insisted president obama's plan to raise taxes on people more than $250,000 would be a job killer. here is what he said. >> he talk as about stimulus. talks about hiring more government workers. talks about the government making investments and of course he talks about raising taxes. vice president blurted out the truth today. they plan on raising taxes on the american people and that well kill jobs. we will not let that happen. we want to create jobs, not kill jobs in this country. [cheers and applause] >> reporter: governor romney also driving home the notion he is for 100% of americans. really trying to walk back from
let's handle taxes first of all. governor romney on the stump is insisting his 20% across the board reduction in tax rates would benefit and middle class and small business would give them very needed tax break, at the same time closing loopholes for wealthiest americans would assure they pay the same amount of taxes. the rally in fishersville, virginia, big rally, attended by thousands of people, he insisted president obama's plan to raise taxes on people more than $250,000 would be a job...
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boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and i believe they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> the verdict will be rendered november 6. megyn: joining me now mark hannah, former aid to john kerry and barack obama. kevin, your chots on that exchange? >> that was a revealing look inside the best talking points that president obama has by his top spokesperson on the campaign frame beside himself. if you can't get more prekay tough than education, green energy, research and development, and that's the solutions? those are the pin points for solutions you are offering for an election that's going to be decided on an economy and jobs and the economic growth and development of this nation? megyn, that's pathetic. and i think everyone that watched david axlerod squirm, and candy is not exactly a hostile host, saw the real lack of preparedness. this campaign is demonstrating
boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and i believe they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> the verdict will be rendered november 6. megyn: joining me now mark hannah, former aid to john kerry and barack obama. kevin, your chots on that exchange? >>...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> aouncer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used tom's personal fo to buy new teeth and a new car, and stuck tom with the $57,000 bill. [tires squeal] now meet carl who works from the coffee shop and uses the free wi-fi. marie works from there too. she's an identity thief who used a small device to grab his wi-fi signal, then stole enough personal information to hijack and drain his bank accounts. every yemillions of americans learn all it may take to devastate your life is a little personal information in the wrong hands. this is identity theft and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protecti
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> aouncer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who...
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mitt romney said he would the no raise taxes to pay for his tax cuts. he said he was going to cut spending. even said that there would be a grade. he will not borrow money to pay for a program. he said he would cut pbs and big bird. he was very specific about what he would do. in certain places though romney questioned obama and obama just looked at him, when obama said basically you get a tax cut or a tax deduction for moving jobs overseas. mitt romney said i've been in business last 25 years, i don't know what you're talking about. basically obama was vague last night. but romney came with specifics. jon: cory, you described the debate as being sort of very specific and bordering on wonky but isn't that what people are looking for right now? aren't they looking for specifics and numbers and ideas here? >> i think you're absolutely right about that. always interesting to me tv commentators and others complain how debates and political discourse is boring and turning american people off whether this is exactly the time they should pay close attention. w
mitt romney said he would the no raise taxes to pay for his tax cuts. he said he was going to cut spending. even said that there would be a grade. he will not borrow money to pay for a program. he said he would cut pbs and big bird. he was very specific about what he would do. in certain places though romney questioned obama and obama just looked at him, when obama said basically you get a tax cut or a tax deduction for moving jobs overseas. mitt romney said i've been in business last 25 years,...
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he has been talking about raising taxes, raising trillions of dollars in taxes. having that one soundbite that biden can across with as a gaffe could really hurt. >> heather: do you think we'll see a more aggressive vice president biden? >> i hope so. one thing about the first debate that democrats will learn that mitt romney and paul ryan, they fact checkers they will get into it. they will say things over and over again that are not true. during the debate the vice president needs to say during the debate, paul ryan that is not true. at the time they can't rely on fact checks for after the debate. >> heather: vice president biden has had problems were with his own fact checkingers. coming out of the presidential debate, they said that president obama lost the momentum and governor romney gained some momentum. do you think that paul ryan will be able to keep that momentum up? >> i absolutely do. he is great legislator. he has a vision for this country. people, when he was picked as a vice presidential candidate republicans rallied around him. he has been helpful
he has been talking about raising taxes, raising trillions of dollars in taxes. having that one soundbite that biden can across with as a gaffe could really hurt. >> heather: do you think we'll see a more aggressive vice president biden? >> i hope so. one thing about the first debate that democrats will learn that mitt romney and paul ryan, they fact checkers they will get into it. they will say things over and over again that are not true. during the debate the vice president needs...
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>> they get a tax credit. they make a movie here, 25 cents of every dollar you spend is a tax credit. you pay lower taxes. if, however, you are just a regular person in california, hollywood wants you to pay more in taxes. they support governor brown who suppose has whopping tax increase for everybody in california. so that's the hypocrisy. hollywood wants a tax break for them, but maneuvers to get higher taxes for everybody else in the state of california. >> steve: i got a news flash for jerry brown, his state is broke. >> yes, it is. >> steve: so for them to extend these tax breaks, and it would be essentially a tax credit on your state taxes that the movie companies would enjoy, this is not the time to be giving rich guys big fat tax breaks. >> by the way, 12 other states which used to offer the same kind of tax breaks to movie companies, come make a movie in my state, they've withdrawn on limited those because they have run out of money. california has run out of money, but they say keep that gravy train
>> they get a tax credit. they make a movie here, 25 cents of every dollar you spend is a tax credit. you pay lower taxes. if, however, you are just a regular person in california, hollywood wants you to pay more in taxes. they support governor brown who suppose has whopping tax increase for everybody in california. so that's the hypocrisy. hollywood wants a tax break for them, but maneuvers to get higher taxes for everybody else in the state of california. >> steve: i got a news...
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obama and biden want to raise taxes by a trillion dollars. guess what? yes, we do. and one regard... we want to let that trillion-dollar tax cut expire so the middle class doesn't have to bear the burden of aural of that money going to the super wealthy. that's not a tax rate -- that's called fairness, where i come from. >> greta: well, we are back with our political panel. sam, this will be edited as a yes we do, they will cut off the end on that one. >> you know, i imagine -- i would give anything to hear the conferrings after this happens between the vice-president and the president. i imagine it's a lot like with my ex-girlfriend, after a while, they are tired of hearing i'm sorry. it doesn't cut it anymore. look, it's going to be -- it is going to come up. the middle class is getting buried -- >> greta: see, i think that's the worst one, the buried one, don't you? >> mitt romney very subtly used the buried one. it was just perfect. he was talking about how bad the economy and was the middle class has taken it particularly heard hard, they have been burr buried.
obama and biden want to raise taxes by a trillion dollars. guess what? yes, we do. and one regard... we want to let that trillion-dollar tax cut expire so the middle class doesn't have to bear the burden of aural of that money going to the super wealthy. that's not a tax rate -- that's called fairness, where i come from. >> greta: well, we are back with our political panel. sam, this will be edited as a yes we do, they will cut off the end on that one. >> you know, i imagine -- i...
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basic tax policy, et cetera. mr. romney also plans to point out that the president has been saying, you know, well, some parts of the economy are doing okay and that the recovery is underway. here is mitt rom know camera one of those ads where he speaks directly to the people, no big music and pictures of others that sort of apple pie and motherhood stuff. this is mitt romney saying what he thinks. >> too many americans today are struggling, living paycheck to paycheck. more americans live in poverty than when president obama took office. >> and the follow-up to that the next line in the ad and the next line in the debates will be that the country simply cannot afford another four years. and this contrast that mr. romney is putting forth about what he refers to as the obama agenda's dependency society one which big government and debt continues to grow and people lose their liberty and opportunity as entrepreneurs and business people to make their own prosperity versus what is he promising less government, less debt
basic tax policy, et cetera. mr. romney also plans to point out that the president has been saying, you know, well, some parts of the economy are doing okay and that the recovery is underway. here is mitt rom know camera one of those ads where he speaks directly to the people, no big music and pictures of others that sort of apple pie and motherhood stuff. this is mitt romney saying what he thinks. >> too many americans today are struggling, living paycheck to paycheck. more americans...
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and the republicans out campaigning, they're just as accountable, and the taxpayers have to foot the tax bill and never get a say in it. >> more sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend itself rich. if just the debt is a long-term problem, if you wait till the long term, the kinds of changes you'll have to make, the kind of cuts, the kind of cracking-down are unbelievable by the standards that if we deal with this today it is not that big a deal. >> greta: governor, they're not even working on it. i mean, nothing is being done by anybody to work on it. absolutely zero. >> in all fairness, nothing has been done by barack obama. i mean, barack obama hasn't introduced a budget in three years that a democrat would vote for, but paul ryan has. >> greta: if i were a republican right now, i'd be he
and the republicans out campaigning, they're just as accountable, and the taxpayers have to foot the tax bill and never get a say in it. >> more sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend...
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he's going to press him from very specifics on your tax program and what you're going to phase out as far as deductions are concerned, all of that. is the governor going to be able to parry, can he parry? can he think fast enough on his feet to block inevitably what's going to come his way? >> he absolutely can. if you remember the debates with newt gingrich, speaker gingrich was challenging him on his immigration policy. he was really going after him about deporting grandmothers and he thought on his feet and came back with a great response. we can't deport 11 million grandmothers. there aren't 11 million grandmothers that we're deporting. so he can. he can retort. what the governor has got to do, it's not about parrying, it's about going on offense. it's about starting the debate on offense and finishing the debate on offense. >> bill: remember, though, because i've debated barak obama twice, i mean, he's not jimmy carter. reagan was the template who destroyed carter. but obama is much quicker than jimmy carter was. now, i don't think mitt romney is a confrontational man, am i corre
he's going to press him from very specifics on your tax program and what you're going to phase out as far as deductions are concerned, all of that. is the governor going to be able to parry, can he parry? can he think fast enough on his feet to block inevitably what's going to come his way? >> he absolutely can. if you remember the debates with newt gingrich, speaker gingrich was challenging him on his immigration policy. he was really going after him about deporting grandmothers and he...
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everybody will see their tax rates go up or tax go up january 1. there could be some leeway there. >> gretchen: liz mcdonald, thanks so much. he's putting down the guitar, taking up politics. scott stapp on why he's switching from obama tropical storm 9-11 then bill o'reilly and laura ingraham are here together. what do they expect in the first presidential debate. don't miss their predictions. first, on this day in 1982, the number one song was "jack and diane" by john cougar mellencamp [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. [ sigh of relf ] seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward.
everybody will see their tax rates go up or tax go up january 1. there could be some leeway there. >> gretchen: liz mcdonald, thanks so much. he's putting down the guitar, taking up politics. scott stapp on why he's switching from obama tropical storm 9-11 then bill o'reilly and laura ingraham are here together. what do they expect in the first presidential debate. don't miss their predictions. first, on this day in 1982, the number one song was "jack and diane" by john cougar...
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. >> alisyn: fees, taxes and regulations and none of them needed? it's why small business owners say they're being forced to close shop across the country. one lawmaker is fighting back. he's next to explain. and a teenager getting the last laugh after her track mates pulled a cruel joke on her. the inspiring homecoming story coming up. ♪ [ "human" by the human league playing ] humans. we mean well, but we're imperfect creatures living in a beautifully imperfect world. it's amazing we've made it this far. maybe it's because when one of us messes up, someone else comes along to help out. that's the thing about humans. when things are at their worst, we're at our best. see how at libertymutu.com. liberty mutual insurance -- responsibility. what's your policy? droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones l
. >> alisyn: fees, taxes and regulations and none of them needed? it's why small business owners say they're being forced to close shop across the country. one lawmaker is fighting back. he's next to explain. and a teenager getting the last laugh after her track mates pulled a cruel joke on her. the inspiring homecoming story coming up. ♪ [ "human" by the human league playing ] humans. we mean well, but we're imperfect creatures living in a beautifully imperfect world. it's...
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he was campaigning in the state of north carolina today and he said this about governor romney's tax plan. >> how they can justify, how they can justify raising taxes in the middle class that's been buried the last four years. >> bill: did you catch that? the middle class that's been buried over the past four years. the vice president also saying that former president george w. bush is the one to blame, but a romney campaign spokeswoman says, quote, under president obama, the middle class has suffered from crushing unemployment, rising prices and falling incomes. they can't afford to be buried for four more years. and the republican vp nominee, paul ryan, weighed in during a rally on this same topic late today in iowa. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need romney in denver, colorado. before we get to carl, we want to go to ed henry live with the president in las vegas tonight's. how is the prep going for the big deal tomorrow night? good evening. >> it's been hours of debate prep. i
he was campaigning in the state of north carolina today and he said this about governor romney's tax plan. >> how they can justify, how they can justify raising taxes in the middle class that's been buried the last four years. >> bill: did you catch that? the middle class that's been buried over the past four years. the vice president also saying that former president george w. bush is the one to blame, but a romney campaign spokeswoman says, quote, under president obama, the middle...
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what he said is he's going to reduce tax rates, not reduce tax revenues. there is a huge difference in that. you reduce tax rates, you'll stimulate more job creation, stimulate more growth. that growth and that job creation is going to lead to people paying taxes. we have a real problem with the middle class in this country with the incomes going down from 54 to $50,000. we got to get people back working, we got to get people in higher income rate paying jobs and that will produce more tax revenues, to insure against any kind of deficit, though, he is going to limit tax deductions, which will affect the rich more than anybody else. >> the number is wrong because romney hasn't put details on the plan and i think the president hurt himself by continuing to repeat that. i was in the room and i was tired of hearing him say $5 trillion and $2 trillion. he was losing the room every time he said it. the onus is on romney to say, 'cause romney said pick a number about where we're going to max out the deductions. he had said 17,000. he's got to put meat on the bone
what he said is he's going to reduce tax rates, not reduce tax revenues. there is a huge difference in that. you reduce tax rates, you'll stimulate more job creation, stimulate more growth. that growth and that job creation is going to lead to people paying taxes. we have a real problem with the middle class in this country with the incomes going down from 54 to $50,000. we got to get people back working, we got to get people in higher income rate paying jobs and that will produce more tax...
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is now looking for a global tax. now, we're calling global tax maggedden. where we would pony up a huge portion of the tax receipts into the u.n. and they would distribute them throughout the world to the needy. what do you think of this? >> i think it's incredible. first of all, we are the needy. maybe they should do it where china should write off their trillion dollars that they wrote us and more. by the way, if you look what's going on, they are serious about this where we're supposed to give more money to other countries. we don't have money for ourselves. so it's just another ploy. we'll educational background up being -- end up being, because we are run by people globe know what they're doing issues we'll be the only nation that gives. >> gretchen: i got bad news for you, you're going to be taxed 1% tax on billionaires around the world. that's part of this whole deal. >> i can imagine the people that are going to distribute the money. i've seen the people. i have buildings over there. i see them all the time. you should see the people that are going
is now looking for a global tax. now, we're calling global tax maggedden. where we would pony up a huge portion of the tax receipts into the u.n. and they would distribute them throughout the world to the needy. what do you think of this? >> i think it's incredible. first of all, we are the needy. maybe they should do it where china should write off their trillion dollars that they wrote us and more. by the way, if you look what's going on, they are serious about this where we're supposed...
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a closed fundraiser surreptitiously videoed that he suggested 47% of americans who don't pay income taxes are looking for some sort of government handout. first he called it inelegant. never defended it and never renounced it last night on the hannity show he did so summarily. watched? >> in this case i said something that's just completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. >> completely wrong. a big jump from inelegant. having said that the romney campaign would like very much to close the chapter on this and get it behind them. the democrats today, the obama campaign, the democratic national committee and a whole bunch of other groups were firing off attack ads and groups trying to keep it center stage right through the presidential debate next week and the two presidential debates that follow. >> as you pointed out, carl it, didn't come up in this past debate may very well close the door on it yet. carl cammeron on the campaign trail for us tonight. thanks very much. >> you bet. >> harris: reaction tonight coming from others not inside
a closed fundraiser surreptitiously videoed that he suggested 47% of americans who don't pay income taxes are looking for some sort of government handout. first he called it inelegant. never defended it and never renounced it last night on the hannity show he did so summarily. watched? >> in this case i said something that's just completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. >> completely wrong. a big jump from inelegant. having said...
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a 5 trillion dollar tax cut. if you believe that we can cut taxes by 5 trillion dollars, you don't come close to paying for 5 trillion dollars in tax cuts and two trillion in additional military speck. >> let me repeat what i said. i'm not in favor of a 5 trillion dollar tax cut, that he not my plan, my plan is not to put-- >> and there's back checking what that means now. >> mitt romney is going to need to get very, very specific. people are tired of ambu get and he did talk about the deductions and more detail. he's going to need to be prepared with barack obama to come out with this stuff. independent voters are listening. generally independent voters do not like muscling from left to right and right to left. what they're interested in it is solutions. if president obama is going to pick on mitt romney he better well have some forward thinking and explain what he's going to do differently the next four years to make him wore thif of getting reelected. if they are the same policies that 114,000 jobs a month is
a 5 trillion dollar tax cut. if you believe that we can cut taxes by 5 trillion dollars, you don't come close to paying for 5 trillion dollars in tax cuts and two trillion in additional military speck. >> let me repeat what i said. i'm not in favor of a 5 trillion dollar tax cut, that he not my plan, my plan is not to put-- >> and there's back checking what that means now. >> mitt romney is going to need to get very, very specific. people are tired of ambu get and he did talk...
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the crowd angry about tax hikes and spending cuts among the 17 nations and the euro currency. >> and china, that flying fire, just part of the drill, but a pretty intense one. the exercise focusing mainly on island dissent. and participants, both military and civilian. >> ukraine, an enormous gathering in the capital city for a morning exercise routine, young and old, stretching and flexing, following the lead of a group of actors on stage. that's a wrap on this fox trip around the world in 80 seconds. an earthquake in part of the country where maybe you wouldn't expect it, tonight we're hearing from the people who felt it. and bears, really? do i have to say anything else? they're so cute. hmmm, this one is hungry. and invading one suburban neighborhood. [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8... when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one
the crowd angry about tax hikes and spending cuts among the 17 nations and the euro currency. >> and china, that flying fire, just part of the drill, but a pretty intense one. the exercise focusing mainly on island dissent. and participants, both military and civilian. >> ukraine, an enormous gathering in the capital city for a morning exercise routine, young and old, stretching and flexing, following the lead of a group of actors on stage. that's a wrap on this fox trip around the...